Plan Ledger DOL Form 5500 · updated monthly

Natera401(k)

NATERA 401(K) PLAN · SAN CARLOS, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Natera reported $40,648 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,357 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.06% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 409th-largest of 9,483 plans among California employers on file, and the 486th of 11,911 in health care & social assistance. In 2024, employees put in $3.64 for every $1.00 the employer contributed; active participation has grown from 2,893 to 4,461 since 2022.

Plan summary
Net assets, end of year$301,434,129
Participants with balances5,164
Active participants4,461
Employer contributions$10,516,457
Employee contributions$38,292,541
Employer contribution per active participant$2,357
Average account balance$58,372
Benefits paid to participants$12,932,017
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$301.4M · 5,164 accts · $10.5M emplr
2023$217.0M · 3,986 accts · $8.6M emplr
2022$150.0M · 3,632 accts · $9.1M emplr
Administrative expenses, itemized · 2024
Investment management$53,126
Audit (IQPA)$8,750
Total administrative$40,648
The Natera 401(k) match · 2024
Employer contribution per active participant$2,357
Median for plans this size$4,294
2024$2,357 per active participant
2023$2,635 per active participant
2022$3,140 per active participant

Natera's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
GLOBAL RETIREMENT PARTNERS · Consulting · Investment advisory (plan)$115,595
PW PARTNERS LLC · Accounting / audit · Consulting$17,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$40,648 · 0.02%
2023$80,270 · 0.04%
2022$82,430 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · California
1LIFE Healthcare, Inc. CA$307.9M · 0.03%
Kpc Global Management, LLC CA$298.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010894487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.